Sabres owner Terry Pegula made fracking pitch in 2011 meeting

6:59 PM,
Feb. 7, 2013

Terry Pegula

Written by

Jon Campbell
| Albany Bureau

Terry Pegula, the billionaire owner of the Buffalo Sabres and Rochester Americans, made his fortune drilling for natural gas in the Marcellus Shale, the massive rock formation that stretches across a large swath of the Northeast.

As New York officials continue to weigh whether to allow shale-gas drilling, Pegula - whose gas company, East Resources, was sold for $4.7 billion to Royal Dutch Shell in 2010 - has largely stayed out of the debate.

But in late November 2011, nine months after he took control of the National Hockey League club, Pegula gathered Buffalo-area officials and state ...